Make Money in Abandoned Properties: How to Identify and Buy Vacant Properties and Make a Huge Profit - Hardcover

Carey, Chantal Howell; Carey, Bill

Hardcover

ISBN 10: 047178673X ISBN 13: 9780471786733

Publisher: Wiley, 2006

Synopsis

The Only Reliable, Comprehensive Guide to Investing in Abandoned Property
Make Money in Abandoned Properties provides readers with new ideas and vital techniques for every aspect of abandoned property investment, from identifying the right properties to successfully negotiating with owners. There is enormous potential in abandoned properties, and Chantal and Bill Carey explain everything you need to know to get started:
* Why owners abandon properties
* Finding abandoned properties with profit potential
* Locating owners and qualified buyers
* Writing a foolproof offer for the property
* Counter-offers and negotiations
* Negotiating with owners in foreclosure
* Financing techniques for abandoned properties
* Rehabbing abandoned properties for instant equity
* Optioning abandoned properties
* Finding motivated partners for your deals
* Investment strategies that focus on abandoned property
* Dealing with owners in bankruptcy
* Closing deals and using escrow

About this title

From the Inside Flap:

Foreclosures are among the hottest real estate investments in the country and a launching pad for many a real estate fortune. But most investors don't know that there are even more great moneymaking opportunities in abandoned properties. This is the only book available that focuses solely on this increasingly popular form of investing. Packed with information and insight readers will find nowhere else, this one-of-a-kind guide shows investors how to find abandoned properties, write an irresistible offer, acquire the title, find new buyers, and turn a maximum profit at resale.

People abandon their homes for a variety of reasons—from financial distress to natural disasters. Their homes might be a financial burden to them, but they're a possible goldmine for savvy real estate investors. In Make Money in Abandoned Properties, you'll learn how to help struggling owners out of their financial burden while helping yourself to a healthy profit.

Plenty of real estate guides focus on foreclosures, but this is the only one that exclusively covers the abandoned property market. It offers a proven and effective system for investing, including tips on writing offers that owners can't refuse. Inside you'll find handy tools and tips, as well as unbeatable guidance like: Ten tips for finding abandoned properties; five techniques for locating owners; five keys to the foolproof offer; and four ways to obtain financing. More than that, you'll use less of your own money when you learn how to finance your purchases after you make a deal with the owners.

If you want to get into the lucrative world of real estate and start making money now, this is the book for you. From finding the right properties, to negotiating with owners, to renovating and reselling, to getting out of deals that start to go South, this guide covers everything you need to know about investing in abandoned properties. With handy worksheets, charts, and samplecontracts, Make Money in Abandoned Properties is more than just a guide to investing, it's a tool you'll use every time you make a deal.

About the Author:

CHANTAL HOWELL CAREY has handled many millions in real estate sales and management as a broker, consultant, and trustee.

BILL CAREY began selling real estate in 1977, and is a former director of the San Diego Association of Realtors and the California Association of Realtors. Chantal and Bill, both members of Zonta International, are also seminar speakers and international real estate and trust consultants. Bill is a tax consultant as well. Together, they are also the authors of several other books, including The New Path to Real Estate Wealth, Quick Cash in Foreclosures, Make Money in Real Estate Tax Liens, Make Money in Short-Sale Foreclosures, and the bestselling How to Sell Your Home Without a Broker, all from Wiley.

About this edition

• Publisher: Wiley
• Publication date: 2006
• ISBN 10: 047178673X
• ISBN 13: 9780471786733
• Binding: Hardcover
• Edition number: 1
• Number of pages: 288